Word: mel
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Dates: during 2000-2009
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When some Harvard students heard about Mel Gibson’s most recent film, they joined the growing controversy surrounding it with heated words in House dining halls or over open e-mail lists. But Gibson’s contentious The Passion of the Christ has inspired Elizabeth A. Goldhirsh, a 25 year-old student at the Divinity School, to put her money where the mouths were, offering $100,000 of her own trust fund as prize money in a new theological essay contest...
...stood and roared their approval at a budget meeting last November when Sumner Redstone, chairman and CEO of parent company Viacom, pledged $30 million of corporate cash to launch Logo, a gay channel that the MTV brass had regarded as a top priority. Under Viacom president and heir apparent Mel Karmazin, the channel had been delayed. But at this meeting, attended by Karmazin, Redstone openly said to MTV chief Tom Freston, "You want to do it? You have the money." Karmazin was silent. "It was a dramatic moment," Freston recalls. "All of a sudden, we got something we hadn...
...constant rumors of feuding. But in contrast to Redstone's creative leanings, Karmazin's focus was on running a lean operation, and by last month Karmazin had evidently tired of Redstone's upstaging him. Karmazin denies any material conflicts and says he resigned because "there was too much about Mel and Sumner, and I didn't think it would go away." He says he was concerned that press scrutiny of their relationship was hurting the company's stock price...
Karmazin's departure wasn't the blow it once would have been. One analyst rushed out a report titled "Mel Who?", and the stock barely budged. Just a few years ago, Karmazin was a Wall Street darling, highly prized as a tough, budget-minded operator who could make the free-spending creative forces at Viacom toe the line. But his star faded as Viacom consistently fell short of financial targets...
...days are really numbered." HOWARD STERN, controversial radio talk-show host, on air, speaking of the resignation of Viacom president (and Stern backer) Mel Karmazin...